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Property profile & analytics
OFF-MARKET
Commercial real estate

15057 Lee Hwy Buchanan, VA 24066

15 ac lot
Property ID
US87-1665685
Property summary
AI-generated overview

This exceptional 15-acre commercial land parcel presents a unique investment opportunity in Botetourt County, Virginia. Strategically located directly off Exit 162 of Interstate 81 at 15057 Lee Hwy, Buchanan, VA 24066, this property boasts unparalleled visibility and accessibility. The land features a flat front portion, gently sloping towards the rear, providing an ideal location for prominent signage with extensive visibility along the interstate. This expansive flat area offers ample space for a large surface lot and significant potential for retail development. The property's versatility extends to its potential for subdivision, allowing for customized development to meet specific buyer requirements. Its proximity to the I-81 on/off ramp makes it exceptionally convenient for businesses catering to travelers. The location is considered highly desirable for a travel center, given its high traffic volume and strategic placement. The asking price for this remarkable property is $1,500,000. This is a rare opportunity to acquire a highly visible and accessible commercial property in a rapidly growing area.

Property profile
Verified
Property type Commercial real estate
Lot 15 ac (653,400 SF)
UPID US87-1665685
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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